Bachelor of Economics (Honours)

The Master of Economic Policy at the Australian National University offers students a comprehensive understanding of economic principles and their practical applications in policy development and analysis. Designed for individuals seeking to influence economic decision-making at the national and international levels, this program combines rigorous theoretical foundations with real-world policy experience. Students will explore key topics such as macroeconomic and microeconomic theory, public economics, fiscal policy, monetary policy, and the role of government in economic development. The curriculum emphasizes analytical skills, critical thinking, and quantitative methods essential for assessing economic issues and designing effective policies.

Throughout the program, students have the opportunity to engage with current economic challenges through case studies, policy simulations, and research projects. The program also encourages interdisciplinary approaches, integrating insights from politics, law, and international relations to provide a well-rounded perspective on economic policy-making. Faculty members are experts in their fields, offering mentorship and real-world insights derived from extensive research and policy engagement.

The Master of Economic Policy prepares graduates for careers in government, international organizations, research institutions, consulting firms, and the private sector. It aims to develop policymakers capable of addressing complex economic problems, promoting sustainable growth, and improving social welfare. The program features flexible study options, including coursework and research pathways, allowing students to tailor their education to their career goals. Graduates leave with a strong analytical toolkit, a deep understanding of economic policy issues, and the skills necessary to contribute effectively to economic development and public policy formulation. With the university's strong emphasis on research excellence and policy relevance, students are equipped to make meaningful impacts in the field of economic policy both within Australia and globally.

The Master of Economic Policy at the Australian National University is a comprehensive program designed to equip students with the theoretical knowledge and practical skills necessary to analyze, develop, and implement effective economic policies. The curriculum covers a broad range of topics including macroeconomic and microeconomic theory, development economics, fiscal policies, monetary policies, international trade, and economic regulation. Students will explore the role of government and institutions in shaping economic outcomes and gain insights into current economic challenges faced by Australia and the global economy.

Throughout the program, students are encouraged to develop critical thinking and analytical skills through rigorous coursework, case studies, and research projects. The program emphasizes the application of economic principles to real-world policy issues, encouraging students to think strategically about solutions to economic problems such as inequality, unemployment, inflation, and market failures. Core courses include Quantitative Methods for Policy, Economics of Public Policy, and Economic Analysis for Policy Decisions, which lay the foundation for advanced understanding and practical application.

Specialized elective courses allow students to tailor their learning to areas such as environmental economics, health economics, taxation, and financial markets, providing a well-rounded perspective on economic policy-making. The program also includes opportunities for internships and collaborative projects with government agencies and policy think tanks, fostering practical experience and professional networking.

Research is a significant component of the program, with students encouraged to undertake independent research projects on current economic issues. These projects often contribute to policy debates and provide valuable insights for stakeholders. The faculty comprises leading experts in economics and public policy, offering mentorship and guidance to ensure students can achieve their academic and professional goals.

Graduates of the Master of Economic Policy are well-prepared to pursue careers in government agencies, international organizations, consultancy firms, and research institutions. They possess a nuanced understanding of economic systems and are capable of designing and evaluating policies that promote sustainable growth, social wellbeing, and economic stability. The program’s combination of theoretical rigor and practical application makes it an ideal choice for those aspiring to become influential policy analysts, advisors, and decision-makers shaping Australia’s economic future.

Program requirements for the Master of Economic Policy at the Australian National University include a strong foundational knowledge in economics, with an emphasis on applying economic theories to real-world policy issues. Applicants are typically required to have completed a bachelor's degree or higher with a relevant discipline, such as economics, finance, or public policy. Prior coursework in microeconomics and macroeconomics is highly recommended. The program expects students to possess analytical and quantitative skills, which are essential for understanding complex economic models and policies. International applicants must demonstrate English language proficiency through tests such as IELTS or TOEFL, with minimum scores specified by the university. The admission process also evaluates academic performance, letters of recommendation, and a personal statement explaining the applicant's interest in economic policy and career objectives. Students are expected to complete core modules, including economic theory, econometrics, and public policy analysis, along with elective courses that cover areas such as international economics, behavioral economics, and economic development. The program requires successful completion of coursework assessments, practical research tasks, and a capstone project or thesis, which involves original research on a relevant economic policy issue. Attendance at seminars, workshops, and guest lectures is encouraged to enhance learning and professional development. The duration of the program is generally one year for full-time students, with flexible options available for part-time study. To graduate, students must achieve a minimum GPA as specified by the university and fulfill all program requirements, including coursework, exams, and the capstone project. The program emphasizes not only theoretical knowledge but also practical skills in policy analysis, data interpretation, and effective communication of economic ideas to diverse audiences.

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

The Australian National University offers a comprehensive approach to the financing of the Economics Policy programme. Students are encouraged to explore multiple avenues of funding to support their education, including government assistance, scholarships, loans, and external financial aid. Commonwealth supported places are available for eligible domestic students, providing a significantly reduced tuition fee with government subsidy. International students are required to pay full tuition fees, which vary depending on the specific course load and level of study.

The university provides a range of scholarships aimed at both domestic and international students. These include merit-based scholarships, equity scholarships, and special grants associated with specific faculties or research areas. Applicants are advised to check the ANU Scholarships website for detailed eligibility criteria and application deadlines. Additionally, students may access financial aid options through the Australian Government, such as HELP loans, which enable students to defer tuition fees until after graduation, contingent upon meeting specific eligibility conditions.

Part-time work opportunities are available both on and off-campus, allowing students to supplement their income while studying. The ANU Career Canberra Centre offers resources and guidance to help students find suitable employment. Moreover, the university collaborates with various sponsorship programs and collaborates with industry partners to facilitate internships and paid research assistant positions, providing practical work experience alongside financial benefits.

Students should also consider external funding options such as scholarships offered by private foundations, government bodies, or international agencies. Careful financial planning is recommended to ensure that students can meet their tuition, living expenses, and other costs associated with studying at ANU. Overall, the university dedicates resources to ensure that students have access to adequate financial support, aiming to make higher education accessible and affordable for a diverse student body.

The Master of Economics with a specialization in Economic Policy at the Australian National University is an advanced postgraduate program designed to equip students with comprehensive knowledge and practical skills in economic analysis, policymaking, and strategic decision-making. This program is ideal for those aiming to pursue careers in government agencies, financial institutions, international organizations, or research institutions where economic policy development and analysis are essential. The curriculum covers a wide array of topics including macroeconomic and microeconomic theory, public economics, fiscal policy, monetary policy, economic development, and the assessment of economic reforms. Students also gain proficiency in quantitative methods, econometrics, and data analysis, enabling them to interpret and apply complex economic data to real-world issues.

The program emphasizes policy-oriented approaches, encouraging students to critically evaluate economic policies and their impacts on society, markets, and the environment. It incorporates case studies, policy simulations, and practical research projects to provide hands-on experience in developing and critiquing economic policies. The coursework is designed to foster analytical thinking, problem-solving skills, and ethical considerations in economic policymaking. Additionally, students have opportunities to engage with leading faculty members who are prominent researchers and practitioners in the field of economics and public policy.

International students can benefit from the university's diverse and inclusive environment, which promotes a global perspective on economic issues. Additionally, the program often collaborates with government departments, international organizations, and industry stakeholders to provide real-world insights and networking opportunities. Graduates of this program are well-positioned to undertake roles in economic analysis, policy advisory, research, and consultancy, contributing significantly to economic development and public welfare.

The university supports its students through comprehensive academic resources, including specialized libraries, research centers, and career services. The flexible study options may include full-time and part-time enrolment, accommodating professionals and international students. Overall, the Master of Economics with a specialization in Economic Policy at ANU is aimed at developing expert economists with a nuanced understanding of the complex interplay between economic theory and policy implementation, preparing graduates to make impactful contributions to economic policy formulation and analysis at national and international levels.